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    OFF-MARKET
    Office Spaces

    0 Tbd Hawkins Ave, Sanford, NC 27330

    10.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional Sanford, NC property presents a unique investment opportunity. Encompassing over 10.55 acres (APN: 9643-75-1765-00, 9643-75-1395-00, 9643-65-6263-00) located at TBD Hawkins Ave, 27330, the property features a compelling blend of land and existing structures. The offering includes two lots zoned LI, providing approximately 5.6 usable acres (after accounting for an approximate 3.9-acre floodplain) ideal for flex space or light industrial development. An adjacent 1.05-acre parcel offers a mixed-use zoning designation (approximately half LI, half R12). Currently, the 1.05-acre lot houses several buildings totaling approximately 7,000 square feet of space, including a 1,400 sq ft residential rental, a 4,100 sq ft print shop, a 1,000 sq ft screen printer, and a 1,500 sq ft office/retail space. The current owner occupies the print shop and screen printer, offering potential for a leaseback or business sale. The asking price for the entire 10.55-acre property is $975,000. Alternative purchase options are available: $650,000 for the 1.05-acre lot with buildings, and $450,000 for the remaining land. Note that purchasing the land separately will necessitate the opening of a city street for access. This property is designated an Opportunity Zone, and all offers will be considered.

    Property profile
    Verified
    Property type Office Spaces
    Lot 10.55 ac (459,558 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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